Fw: Re: [aaykarbhavan] Query on service tax

Dear Colleagues, My query is still unreplied .Request you all to please provide your expert opinion on the matter .hoping for an early response Regds Ram --- On Fri, 3/22/13, ram agrawal <ram9ag@yahoo.com> wrote: From: ram agrawal <ram9ag@yahoo.com> Subject: Re: [aaykarbhavan] Query on service tax To: aaykarbhavan@yahoogroups.com Date: Friday, March 22, 2013, 5:23 PM   Dear all,  I have a query related to partial reverse charge of service tax- My company has taken cars on lease from various individual persons for company's work They are submitting monthly bills of fixed charge decided without any service tax.Wether our company is liable to pay  reverse tax under reverse charge (on 40 % value) applicable on renting/hiring of  passenger vechile.My company is a Public LTD company. Your early reply is requested as we have to deposit service tax if applicable. Regards Ram

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